Money Market Mutual Funds (MMMFs): MMMFs are investment funds that pool money from multiple investors to purchase short-term debt securities such as Treasury bills and commercial paper.
Hyperinflation: Hyperinflation refers to a rapid and uncontrollable increase in prices within an economy, often leading to a loss of confidence in the currency.
Velocity of Money: Velocity of money measures how quickly money circulates through an economy. It is calculated by dividing nominal GDP by the average money supply.